Dismissed¶11
Commissioner of Income Tax v. Inalsa Appliances Ltd.
Income Tax Appeal – Dismissal on ground of low tax effect
Delhi HCITA/684/2008
Case brief
AI extract
What is this about?
Delhi High Court, ITA 684/2008, Commissioner of Income Tax v. Inalsa Appliances Ltd., order dated 07.02.2025 (Yashwant Varma and Harish Vaidyanathan Shankar, JJ.): revenue appeal dismissed on the ground of low tax effect, tax effect being below INR 2 crores per Circular No. 9/2024 dated 17 September 2024; proposed questions of law left open. Keywords: low tax effect, Circular 9/2024, tax effect threshold, income tax appeal, dismissal, questions of law kept open.
What did the court decide?
The tax effect forming the subject matter of the appeal falls below INR 2 crores and, in light of the provisions of Circular No. 9/2024 dated 17 September 2024, the appeal is not liable to be continued. ¶10